Bruvine Orchidée Mazonga Mfoutou and Yuan Tao Xie
This study aims to examine the solvency and performance persistence of defined benefit private and public pension plans (DBPPs) in the Republic of Congo.
Abstract
Purpose
This study aims to examine the solvency and performance persistence of defined benefit private and public pension plans (DBPPs) in the Republic of Congo.
Design/methodology/approach
The authors use the 2 × 2 contingency table approach and the time product ratio (TPR)-based cross-product ratio (CPR) on data covering ten years from 2011 to 2020, with variable funded ratios and excess returns, to determine the solvency and performance persistence of defined benefit pension plans.
Findings
The authors document a lack of solvency and performance persistence in DBPP funds. They conclude that the solvency and performance of DBPP funds are not repetitive. The previous year's private and public defined benefit pension funds’ results do not repeat in the current year. Hence, the current solvency and performance of defined benefit pension funds are not good predictors of future funds' solvency and performance.
Originality/value
To the best of the authors’ knowledge, this study is the first to combine solvency and performance to examine the persistence of defined benefit pension plans in sub-Saharan Africa.
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Abstract
Purpose
This study aims to introduce the DoraHand, and the basic capability and performance have been verified in this paper. Besides the idea of sharing modular design and sensor design, the authors want to deliver an affordable and practical dexterous hand to the research area to contribute to the robotic manipulation area.
Design/methodology/approach
This paper introduced the DoraHand, a novel scalable and practical modular dexterous hand, which, adopting modular finger and palm design, fully actuated joint and tactile sensors, can improve the dexterity for robotic manipulation and lower the complexity of maintenance. A series of experiments are delivered to verify the performance of the hand and sensor module.
Findings
The parameters of the DoraHand are verified and suitable for the research of robotics manipulation area, the sensing capability has been tested with the static experiment and the slip prediction algorithm. And, the advantage of modular design and extensible interface have been verified by the real application.
Research limitations/implications
The authors continue improving the DoraHand and extend it to more different applications. The authors want to make the DoraHand as a basic research platform in the robotic manipulation area.
Practical implications
The DoraHand has been sent to more than ten different research institutes for different research applications. The authors continue working on this hand for better performance, easier usage and more affordability.
Social implications
This kind of dexterous hand can help researchers get rid of complex physical issues and pay more attention to the algorithm part; it can help to make robotic manipulation work more popular.
Originality/value
The key design in the DoraHand is the modular finger and sensing module. With the special design in mechanical and electrical parts, the authors build reliable hardware and can support the diversity requirement in the robotic manipulation area. The hand with tactile sensing capability can be used in more research and applications with its extensibility.
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Shiu-Wan HUNG, Min-Jhih Cheng and Shiu-Chun Hsieh
The purpose of this paper is to propose that online group buying is different from the traditional purchase model in that an aggregation of purchases on the internet can lead…
Abstract
Purpose
The purpose of this paper is to propose that online group buying is different from the traditional purchase model in that an aggregation of purchases on the internet can lead sellers to adopt various bargaining strategies. When buyers and sellers do not have the opportunity to meet face to face, consumer satisfaction is an important consideration for sellers.
Design/methodology/approach
This study investigates the influence of sellers’ strategies for offering bargains on consumers’ satisfaction, considering buyers’ characteristics and involvement. Data are analyzed by employing the multivariate analysis of variance.
Findings
The results demonstrate that the stage decreasing range strategy results in the highest level of consumer satisfaction with online group buying. In addition, consumers’ cognitive style, computer self-efficacy and involvement have a significant moderating effect on the relationship between incentive strategy and consumer satisfaction.
Practical implications
The findings show that for group buying consumers, stage decreasing range strategy reveals certain advantages, such as a short waiting time for gathering group buyers. Enterprises or online sellers that propose special offers for online group buying as part of their competitive strategy should consider the stage decreasing range strategy. Moreover, enterprises and sellers can adjust their operations according to consumers’ individual characteristics and construct good relationships in online group buying.
Originality/value
This study has investigated the influence of incentive strategies for offering bargains in online transactions on consumer’s satisfaction. The results of this study will provide some guidelines for managers of the e-retailing firms to maximize their abilities in terms of marketing activities.
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Serhat Yüksel, Hasan Dinçer, Çağatay Çağlayan and Gülsüm Sena Uluer
Carbon emission is one of the most important problems of today. In this framework, it is important for countries to take the necessary actions to solve this problem. Energy use is…
Abstract
Carbon emission is one of the most important problems of today. In this framework, it is important for countries to take the necessary actions to solve this problem. Energy use is one of the most important causes of carbon emissions. Choosing fossil fuels in this process increases the carbon emission problem. Therefore, it is understood that countries should be more sensitive about energy types. In this context, renewable energy (RE) sources are recommended by experts. However, due to some problems of these energy types, it does not seem possible to meet all energy needs from these sources. It is thought that nuclear energy will produce a permanent solution to the carbon emission problem. In this context, it is recommended that the use of nuclear energy be put on the agenda by countries.
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Tao Wang, Shaoliang Wu, Hengqiong Jia, Zhao Wei, Haiyan Li, Piyan Shao, Shanqing Peng and Yi Shi
The construction of cement asphalt (CA) emulsified mortar can obviously disturb the slab status after the fine adjustment. To decrease or eliminate the influence of CA mortar…
Abstract
Purpose
The construction of cement asphalt (CA) emulsified mortar can obviously disturb the slab status after the fine adjustment. To decrease or eliminate the influence of CA mortar grouting on track slab geometry status, the effects of grouting funnel, slab pressing method, mortar expansion ratio, seepage ratio and grouting area on China Railway Track System Type (CRTS I) track slab geometry status were discussed in this paper.
Design/methodology/approach
Combined with engineering practice, this paper studied the expansion law of filling layer mortar, the liquid level height of the filling funnel, the pressure plate device and the amount of exudation water and systematically analyzed the influence of filling layer mortar construction on the state of track slab. Relevant precautions and countermeasures were put forward.
Findings
The results showed that the track slab floating values of four corners were different with the CA mortar grouting and the track slab corner near CA mortar grouting hole had the maximum floating values. The anti-floating effect of “7” shaped slab pressing device was more efficient than fixed-joint angle iron, and the slab floating value could be further decreased by increasing the amount of “7” shaped slab pressing devices. After CA mortar grouting, the track slab floating pattern had a close correlation with the expansion rate and water seepage rate of CA mortar over time and the expansion and water seepage rate of the mortar were faster when the temperature was high. Furthermore, the use of strip CA mortar filling under the rail bearing platform on both sides could effectively reduce the float under the track slab, and it could also save mortar consumption and reduce costs.
Originality/value
This study plays an important role in controlling the floating values, CA mortar dosage and the building cost of projects by grouting CA mortar at two flanks of filling space. The research results have guiding significance for the design and construction of China's CRTS I, CRTS II and CRTS III track slab.
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Sifeng Liu, Tao Liu, Wenfeng Yuan and Yingjie Yang
The purpose of this paper is to solve the dilemma in the process of major selection decision-making.
Abstract
Purpose
The purpose of this paper is to solve the dilemma in the process of major selection decision-making.
Design/methodology/approach
Firstly, the group of weight vector with kernel has been defined. Then, the weighted comprehensive clustering coefficient vector was calculated based on the group of weight vector with kernel. Under the action of weighted comprehensive clustering coefficient vector, the information including in other components around component k and supporting object i to be classified into the k-th category has been gathered to component k. At last, a novel two-stage decision model based on the group of weight vector with kernel and the weighted comprehensive clustering coefficient vector is put forward to solve the dilemma in grey clustering evaluation. Then the overall evaluation conclusion can be consistent with the clustering result according to the rule of maximum value.
Findings
A new way to solve the dilemma in the process of major selection decision-making has been found. People can obtain a consistent result with two-stage decision model at the case of dilemma. That is, the conclusion of the overall evaluation is consistent with the clustering result according to the rule of maximum value.
Practical implications
Several functional groups of weight vector with kernel have been put forward. The proposed model can solve the clustering dilemma effectively and produce consistent results. A practical application of decision problem to solve the dilemma in supplier evaluation and selection of a key component of large commercial aircraft C919 have been completed by the novel two-stage decision model.
Originality/value
The two-stage decision model, the group of weight vector with kernel and the weighted comprehensive clustering coefficient vector were presented in this paper firstly. People can solve the dilemma in grey clustering evaluation effectively by the novel two-stage decision model based on the group of weight vector with kernel and the weighted comprehensive clustering coefficient vector.
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Sifeng Liu, Yong Tao, Naiming Xie, Liangyan Tao and Mingli Hu
The purpose of this paper is to summarize the advances in grey system theory research and various application achievements in science and engineering. At the same time, it…
Abstract
Purpose
The purpose of this paper is to summarize the advances in grey system theory research and various application achievements in science and engineering. At the same time, it commemorates the 40th anniversary of the birth of grey system theory and the 10th anniversary of Grey Systems–Theory and Application.
Design/methodology/approach
Firstly, the innovations of theoretical research in grey system theory were summarized and some of the widely recognized new results are briefly described. By searching and combing the research results of grey system theory in China national knowledge infrastructure (CNKI) database and Web of Science by Institute for Scientific Information (ISI), this paper shows the rapid development trend of grey system theory in the past 40 years, and the successful applications of grey system theory in the fields of social sciences, natural sciences and engineering technologies.
Findings
More than 227 thousands literature were found by input 10 phrases such as grey system, grey number and sequence operator etc. in CNKI database. After entering the new century, the number of grey system papers included in CNKI database is increasing rapidly. Since 2008, more than 10 thousands papers have been included per year and more than 15 thousands papers have been included per year since 2014. Grey system method and model are widely used in physics, chemistry, biology and other fields of natural science, as well as transportation, electric power, machinery and other fields of engineering technology, and a large number of valuable results have been achieved.
Practical implications
It can be seen that the grey system theory plays an important role in promoting China’s scientific and technological progress, innovation and development and high-level talent training from tens of thousands of literatures marked with important national science and technology projects and a large number of grey system literatures published by China’s double first-class universities and double first-class discipline construction universities.
Originality/value
Both innovations of theoretical research and practical application play important role in the growth of new theory. The innovations of theoretical research provide methods and tools for practical application, which is conducive to improve application efficiency and broaden application fields. A large number of practical applications needs have become the source of theoretical innovation and the solid background for the birth of theoretical innovation achievements.
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Pinjie Xie, Baolin Sun, Li Liu, Yuwen Xie, Fan Yang and Rong Zhang
To cope with the severe situation of the global climate, China proposed the “30 60” dual-carbon strategic goal. Based on this background, the purpose of this paper is to…
Abstract
Purpose
To cope with the severe situation of the global climate, China proposed the “30 60” dual-carbon strategic goal. Based on this background, the purpose of this paper is to investigate scientifically and reasonably the interprovincial pattern of China’s power carbon emission intensity and further explore the causes of differences on this basis.
Design/methodology/approach
Considering the principle of “shared but differentiated responsibilities,” this study measures the carbon emissions within the power industry from 1997 to 2019 scientifically, via the panel data of 30 provinces in China. The power carbon emission intensity is chosen as the indicator. Using the Dagum Gini coefficient to explore regional differences and their causes.
Findings
The results of this paper show that, first, China’s carbon emission intensity from the power industry overall is significantly different. From the perspective of geospatial distribution, the three regions have unbalanced characteristics. Second, according to the decomposition results of the Gini coefficient, the overall difference in power carbon emission intensity is generally expanding. The geospatial and economic development levels are examined separately. The gaps between the eastern and economically developed regions are the smallest, and the regional differences are the source of the overall disparity.
Research limitations/implications
Further exploring the causes of differences on this basis is crucial for relevant departments to formulate differentiated energy conservation and emission reduction policies. This study provides direction for analyzing the green and low carbon development of China’s power industry.
Practical implications
As an economic indicator of green and low-carbon development, CO2 intensity of power industry can directly reflect the dependence of economic growth on the high emission of electricity and energy. and further exploring the causes of differences on this basis is crucial for relevant departments to formulate differentiated energy conservation and emission reduction policies.
Social implications
For a long time, with the rapid economic development, resulting in the unresolved contradiction between low energy efficiency and high carbon emissions. To this end, scientifically and reasonably investigating the interprovincial pattern of China’s power carbon emission intensity, and further exploring the causes of differences on this basis, is crucial for relevant departments to formulate differentiated energy conservation and emission reduction policies.
Originality/value
Third, considering the influence of spatial factors on the convergence of power carbon emission intensity, a variety of different spatial weight matrices are selected. Based on the β-convergence theory from both absolute and conditional perspectives, we dig deeper into the spatial convergence of electricity carbon emission intensity across the country and the three regions.
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Yanhao Sun, Tao Zhang, Shuxin Ding, Zhiming Yuan and Shengliang Yang
In order to solve the problem of inaccurate calculation of index weights, subjectivity and uncertainty of index assessment in the risk assessment process, this study aims to…
Abstract
Purpose
In order to solve the problem of inaccurate calculation of index weights, subjectivity and uncertainty of index assessment in the risk assessment process, this study aims to propose a scientific and reasonable centralized traffic control (CTC) system risk assessment method.
Design/methodology/approach
First, system-theoretic process analysis (STPA) is used to conduct risk analysis on the CTC system and constructs risk assessment indexes based on this analysis. Then, to enhance the accuracy of weight calculation, the fuzzy analytical hierarchy process (FAHP), fuzzy decision-making trial and evaluation laboratory (FDEMATEL) and entropy weight method are employed to calculate the subjective weight, relative weight and objective weight of each index. These three types of weights are combined using game theory to obtain the combined weight for each index. To reduce subjectivity and uncertainty in the assessment process, the backward cloud generator method is utilized to obtain the numerical character (NC) of the cloud model for each index. The NCs of the indexes are then weighted to derive the comprehensive cloud for risk assessment of the CTC system. This cloud model is used to obtain the CTC system's comprehensive risk assessment. The model's similarity measurement method gauges the likeness between the comprehensive risk assessment cloud and the risk standard cloud. Finally, this process yields the risk assessment results for the CTC system.
Findings
The cloud model can handle the subjectivity and fuzziness in the risk assessment process well. The cloud model-based risk assessment method was applied to the CTC system risk assessment of a railway group and achieved good results.
Originality/value
This study provides a cloud model-based method for risk assessment of CTC systems, which accurately calculates the weight of risk indexes and uses cloud models to reduce uncertainty and subjectivity in the assessment, achieving effective risk assessment of CTC systems. It can provide a reference and theoretical basis for risk management of the CTC system.
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Jin-yuan Qian, Zan Wu, Qian-Kun Zhang, Zhi-Jiang Jin and Bengt Ake Sunden
The purpose of this paper is to study the effects of dimple geometries and arrangements on the heat transfer enhancement in a dimple jacketed heat exchanger.
Abstract
Purpose
The purpose of this paper is to study the effects of dimple geometries and arrangements on the heat transfer enhancement in a dimple jacketed heat exchanger.
Design/methodology/approach
For the purpose of this paper, with the experimental validated numerical model, this paper carries out numerical simulations of both single dimples with different geometries and the whole dimple jacketed heat exchanger with different dimple arrangements. For a single dimple, its secondary vortex flow, temperature differences and the pressure drop performance for different geometries are analyzed. For the whole dimple jacketed heat exchanger, the heat transfer and pressure drop performances are investigated by comparing the no dimple, triangular and rectangular dimple arrangements.
Findings
Results show that dimples can improve the heat transfer efficiency compared with conventional jacketed heat exchanger, and specific geometries and arrangement of dimples for better heat transfer performance are figured out.
Originality/value
This paper considers both dimple geometries and arrangements, which can be useful for further applications in specific integrated devices or similar applications.